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book critics circle winner laura and robert. and, finally, dave eggers. and stephen king, recipient of the national book foundation's medal for distinguished contributions to american letters. please join me in recognizing these great american writers. [applause] i would like to thank our financial supporters without him we could not bring you the awards, or our programs. again, i will ask you to hold your applause until i read the list. premier sponsors, barnes & noble, thanks guys, random house, the ford foundation, leadership sponsors, clinton meyer book publishing papers, a division of central national, coral graphics, penguin, and sponsors amazon, google, harper collins, stephen king, and deborah wiley, thank you. [applause] now for something special. i'd like to acknowledge in our audience the winners of our fourth annual innovation and reading prize funded by the lavender foundation. if you are worried about the next generation of book lovers, just listen to this list and again hold your applause until i'm finished. we have with us tonight 15 year old lily-white from coral ga
with author and journalist new book america's great debate stephen douglas and the compromise of preserve the union. will was so great about the great compromise? >> well most people would say they have only a vague recollection from high school. there was a crisis in 1850. the nature of the crisis was this. the country went to the brink of the civil war. most of the political culture and most americans thought the war was great to take place but the deep south was going to succeed and they were closer to the secession than most americans today even realize. certainly the deep south state. texas was arming other southern states were sending. had there been a collision with began in 1850 wouldn't have begun in charleston would have begun in santa fe mexico y? because texas did its own imperial ambitions to move westward supported by the slave holding south and to invade the new mexico territory. there were many other parts of the crisis with or not the last would be free. in 1850 the south was mother eternized, southern nationalism was at the peak. jefferson davis in 1850 said if the south
to mulholland in the pits of the cme and stephen sacks telling us the best place to put our money along with john buckingham who tells us why he is not worried about the fiscal cliff, or i coined this one, cliffmaca. i am not getting a courtesy laugh from to mulholland. tell me what the pits were like, david has mentioned last night neil cavuto was right here, saying there is not going to be a vote because there's so much infighting with republicans, futures were plummeting. this could have been a much uglier day but what happened? >> it was the global trading overnight and opened up. the volume was fairly light but the news was a shock so we got a steep drop. barista lot error of optimism as we get something done but based on the view, a lot of traders are taking this optimism as a sign that should necessitate caution. instead, just because this mandate of the election was really for a compromise, for obama to move to the middle, both sides move to the middle and very far apart. dave: we also have the debt ceiling negotiation coming up. after what we saw with plan b i don't know of neg
at the in san francisco. today, dr. hansen is receiving the 2012 stephen schneider award for outstanding climate science climate one. stephen schneider was a who was involved in the formation of climate one that[applause] sandy. new york? to place it in a modern context, we have to turn to proxy data like coral and ice to piece together the puzzle of how the climate buried in the distant past. it showed it was relatively warm. it was about a thousand years ago. recently that exceeded anything we have seen. it was featured in the summary for policy makers in 2001. when it became an icon, those who find the science inconvenient saw the need to try to discredit this graph. they saw discrediting me as a way to do that. some have been attacked for the work they have done. i was also bill of five. my book tells the story of what it is like to be a scientist and find yourself in voluntary and accidental public figure. i was put in the limelight in limelight. [laughter] stick metaphor -- >> yes. that, if we as scientists are talking to the right people. reflag that we would not tell you but for fear tha
've got to get this done. >> "outfront" tonight, daniel altman at nyu stern school of business, stephen, let me start with you. do you share the president's mod els optimism? >> you know, my opinion of this changes every couple of hours, john. because there's these negotiations going on. and this morning i felt pretty positive the president was flying back from his hawaii vacation, republicans seemed to be in the mood to try to get this done, and they could bridge this gap. but you know, my conversations with some of the republican leaders is that not much was accomplished today. and as you know, john, the clock is ticking. what are we, 72 hours away from going over that cliff? i'm not sure this is going to get resolved right new. looks like we may go into january without a deal. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. extending the alternative mi
is it really changing the way companies plan to do business next year? the ceo of stephen shipman joins us with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair c
. looks like we may go into january without a deal. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. not being talked about enough. extending the alternative minimum tax patch. prevents cuts in payments to doctors who treatment medicare payments. -- patients. would this scaled-down proposal save us from economic disaster? >> we've done a tremendous amount of damage to ourselves, embarrassing ourselves around the world. we're assuring investors we're as risky as standard & poor's thought we were when they reduced our credit rating. it would be great if we could avoid sharp credit risks. restoring the unemployment insurance benefits is really important because you have millions of people who are depending on this for income. and they're going to spend that money if you give it to them and that's what the economy needs. >> absolutely right. >> wait, hold on. le
-mail saying "stephen is honored by the ground swell of support from the palmetto state and looks forward to governor haley's called." >>> some conservatives are having emotional debates over the fiscal cliff negotiations. the arguments for higher taxes for the wealthy are getting very tense. ann coulter even tried a reality check on sean hannity. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date, like lunatic. >>> and in australia, prime minister julia gillard talked about the supposed prediction by the mayan calendar that the end of the world is coming in two weeks. well, she did it for a comedy video for a radio show. >> i'm confident in the prediction that the world is about to e
. and we start with stephen colbert addressing new speculation he may run for senate from his home state of south carolina. >> tonight's big story comes from my home state of south carolina. >> big, breaking news in this town. senator jim demint, a tea party favorite and conservative icon, is surprisingly resigning his seat at the end of the year. >> that's right. south carolina senator jim demint is dequittin'. [ laughter ] now, the decision on who will replace demint falls to south carolina governor and friend of the show, nikki haley. but who will she pick? let's see. you want somebody young. somebody conservative. somebody from south carolina. maybe who had a super pac. wait a second. [ cheers and applause ] watch where you point that thing. it's powerful. okay. >> listen to this. the pentagon is preparing for massive budget cuts in the event the country does go over the fiscal cliff. you can tell the pentagon is scaling back because today, it became the triangle. [ laughter ] you know, there's a teacher at home going, yes. my math teacher, exactly. he learned something. >> a lot of
headlines making news, south carolinians want stephen colbert as their next senator. new public policy poll finds that 20% of palmetto state voters want the comedy central star to take the seat being vacated by jim demint ahead of the 15% that warrant congressman tim scott in there. governor nikki haley will appoint someone to fill the term that expires in two years. >> all right. i don't think it will be stephen colbert. >> it won't be stephen colbert sadly. >> unfortunately. in hollywood, charlie sheen wants a little appreciation from lindsay lohan. sheen gave her an unspecified amount of money to help with her financial troubles. he spoke with et and it was about $100,000. he has gotten not so much as a thank you from her. even a text message saying thank you. >> or a hug. something. buy him a margarita. i guess you don't buy charlie sheen a margarita. >> that's the last thing you do. >> the american film institute released its top ten films of the year yesterday. on the list, the dark knight rises, argo, zero dark
. what did you hear? >> i heard bang, bang, bang, bang. >> reporter: stephen forsythe iled in the food court. shopper cindy yuille was there, e o. a 15-year-old was seriously wounded. the gunman knew none of his victims. >> i think we all need to be very thankful that this incident wasn't much worse. >> reporter: the gunman was armed with an ar-15 semiautomatic rifle and carry the several magazines of ammunition. >> it appeared the suspect's rifle did jam while he was attacking individuals in the arin court. uchreporter: the mall had incitly run a drill preparing shojust such an incident. stores gathered shoppers and incked their doors. allice arrived at the mall within two minutes of the first 911 call and brought thousands out of the mall ordering them all to keep their hands up. witnesses say 22-year-old jacob roberts was wearing a hockey mask and yelled, "i am the hooter," before he ran down a back hall and turned the gun on himself. roberts has no police record, on h but his mother had seen his life going wrong for years. on her myspace web page, she complained of his drug use and
www.big-books.org. www.big-books.org. >> we've been talking with professor stephen and this is his newest book oops serving our politicians stumble. we are at the naval academy. this is book tv on c-span2. >>> his onetime liberal ideologies and on several current and social issues next on book tv. mr. mamet delivers the 22 manhattan institute lecture at the plaza hotel in new york city. it's a little over one hour. [applause] >> what a magnificent introduction. thank you to all of you here tonight. as thinking about a friend of mine, rest in peace, and harold when he accepted the nobel prize he wrote a rather scathing indictment of the west. i thought back to the time i was making a movie with harold and we were shooting in a white truffle chapel in a jewish neighborhood and he started reminiscing about his life when growing up over his uncle's radio shop -- he was reminiscing over growing up over his uncle's radio shop in the jewish area chapel and his magnificent radio actor voice became skittish to 1938 and his face lit up remembering those days growing up in the warmth of the j
the >> a nice shot stephen, thank you for that. what's interesting is that was associated with the weather pattern change that brought us our inclement weather low clouds around the area today a couple of raindrops but it was just to the north of us that it was pretty substantial snow this was a little disturbance shot out of the main storm is moving to the east of us tonight so most of the precipitation is gone ready to jump the mountains and plug into gulf moisture. their first wave said down this 800 mile- long corridor of snow with a lot of measurable snow reports here is brookfield wisconsin out on the western suburbs we were just cloudy and great as you can see here snows up north were pretty impressive in the corridor. beaver dam wisconsin 2.8 and 3.3 there brown deer had 1.4 in. of snow. the next storm this one will die down over the weekend into the southern plains 1.2 in. is the amount of moisture heading off of the models now a huge spread in the amounts of snow indicating a 1 wide gradientwide grady and across the area thisgradient across the area. here is a wider view you ca
as a possible candidate, stephen colbert. the push to put a comedian on capitol hill. that's next on "cbs this morning." [ female announcer ] he could be your soulmate. but first you've got to get him to say, "hello." new crest 3d white arctic fresh toothpaste. use it with these 3d white products, and whiten your teeth in just 2 days. new crest 3d white toothpaste. life opens up when you do. new crest ♪ white toothpaste. ♪ [ girl ] dear santa... ♪ dear santa, i want a ballerina tutu, a pink bike, a unicorn night-light... [ female announcer ] this year, bring their wish list to life. [ girl ] ...princess doll, markers... ♪ the blitz. the dunk. nothing goes better with football than golden, crispy chicken mcnuggets from mcdonald's, dunked in spicy buffalo and creamy ranch. more good times to love. nexxus salon hair care combats 8 signs of aging hair. unveiling 2013, new nexxus youth renewal elixir. go online for your complimentary bottle before it hits stores in january. when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child
of the crisis in libya, and the attack in benghazi that killed ambassador chris stephens. >> i didn't want to see a confirmation process that was very prolonged, very politicized, very distracting, and very disruptive. because there are so many things we need to get done as a country. >> massachusetts senator john kerry and former republican senator chuck hagel of nebraska are now considered the front-runners to replace hillary clinton when she officially steps down. >>> in oregon, the shopping mall that became the scene of a deadly shooting rampage days ago is set to reopen this morning. a candlelight vigil for the victims will be held tonight. two people were killed and the 15-year-old girl was wounded when 22-year-old jacob roberts opened fire inside the clackamas town center on tuesday. roberts then killed himself. there is still no motive for the shooting. >>> a much calmer day is in store for san diego after a pounding rainstorm drenched that city. the rain came down so fast and furious, in fact, it flooded businesses and major intersections, leaving drivers stranded in the road. som
of the literary award and stephen king. please join me in recognizing these great american writers. [applause] i would like to our financial supporters. without whom woe couldn't bring you awards the or programs. i would like you to hold your applause until i've read the list. premier sponsors barnes & noble, ban skies, random house, the ford foundation, leadership sponsors. harper colins, stephen king, debra buy lee, thank you. [applause] [applause] okay, now for something special. i'd like to acknowledge in the audience the winner of the fourth annual innovation in reading prize. funded by the lessening gear foundation. listen to the list and hold your applause until i'm finished. we have 15-year-old lily. she started givingly briers in a homeless shelter where kids can take as many books as they want they'd would own not borrow. in chicago reading against the odds. enhancing the critical thinking skills of adult literacy learnings by introducing them to challenging book. the at the library in colorado a group of teens calling themselves the interesting readers society. produce unique book tel
to and the linebacker was reinstated to the 53-man roster but was not at practice. stephen curry back in town hugging the woman who used to give him ice cream. he gave away 73 tickets and man, did he give them a show. warriors go up at the half. third quarter, look at curry shake and bake. he hit three three pointers in the third alone. 27points and seven assists. warriors win 104-96 meaning they will have their first winning road trip of seven games since gasoline was 30 cents a gasoline. >>> if you were not at the embarcadero, here is what you missed. >> who needs two hands when you can catch with one. holding the wobbly pass, stays inbound and maintains control. eagles win. rg3 can fly. problem is, he can get hit doing. good news, it is a strain. even obama could be heard sighing a sigh of relief. manny was out cold on the canvas in the sixth round. take another look. >>> what's the worst free throw in history. he doesn't even get halfway to the hoop. the play of the weekend. panther and falcons, cam newton 7ty -- 72 yards to the house. carolina hands them their second loss of the season. the 49e
to fight for the war before it started, he was repeatedly writing letters to stephen douglas. even though douglas was a democrat. and he already had a lot of military experience. he had bought in the black hawk war. and he actually was in charge of the mormons and state of illinois. he was a big military guy, a political guy, and he really wanted to buy mexico. he wrote letters to newspapers saying that this is our possible opportunity to gain california for the united states. and i will be the front of that movement. and in fact, he was. now, pardon is excited about the possibility of taking a lot of mexican territory and manifest destiny. when he gets to mexico, his views change pretty quickly and dramatically. when he gets to mexico, he writes about potential silver mines. and he says that the silver mines here are supposed to be the richest and mexico. and were only abandoned why the ignorance of the mexicans. and he said it would only require a little skill to make these valuable. but the longer he stayed there, the longer you like it. in december of 1846, just a few months after he
with senator stephens on this, we got it done, so that facility stabbeds as a tribute to tan inouye. in 2010 i had a very difficult campaign, as most of us did at that time. and dan said, i'm going to come out there and help you. and i was under fierce attack, and we had an event for veterans, and dan was the speaker and i was the speaker, and as i was speaking we heard these voices of -- screaming demonstrators yelling things, which were not complimentary toward me. let's put it that way. but it was very loud, and i was so humiliate and embarrassed to hear what that's amazing patriot, and keep screaming when danny was speaking about my work and his work. sure enough, the demonstrators kept it up and i was so upset, and i went up to him and i put my arm around him and said, dan, i'm so embarrassed, i'm so sorry. he says, barbara, they're not going to beat you by screaming. don't worry about it. and he went on to go to a couple of events, and took his wife to them, and it was extraordinary. i love danny with all my heart. everytime i looked at him i smiled because he was so good. such a good pe
, stephen finan. this is live coverage on c-span2. >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> once again we are live on c-span2 at the immigrationworks u.s.a. at the woodrow wilson center for a forum hosted by immigrationworks u.s.a., look at the impact of the latino vote on the 2012 presidential race. we do expect it to get started in just a moment here. also starting live on the companion network c-span3, the pew center is hosting a daylong caucus on the voter experience of 2012. featuring representatives from google, facebook, microsoft and twitter. republican and democratic secretaries of state are also part of that discussion. that has just gotten underway life on our companion network c-span3. also coming up today the center for american progress is hosting a conference. this white house national economic council gene sperling and others are taking part on how education and innovation can benefit the u.s. economy. that's exp
quarter and stephen curry had his fourth straight double-double with 22 points and 10 assists. warriors win 104-97 and continue the trip tomorrow in brooklyn. >> she is a sports gal! >>> a last second thrill for our play of the day nba. we got new york at charlotte. we are tied up at 98. 3.4 ticks left in the game. here's how it finished. >> kidd to j.r. smith, not using it, smith flips it up for the win, it's good!! j.r. smith nails it! >> with that, knicks' j.r. smith is a lot more popular with his teammates, gets mobbed. the knicks win 100-98. one more time -- >> nice. >> boom. >> you know j.r. smith was a nugget and he used to pull that all the time. >> i won't hold that against him. [ laughter ] >>> 6:25. coming up, off the table. what's behind a strike by bay area crab fishermen? >> plus, finally found. the search for a couple missing in a snowstorm end up in the sierra but only one is still alive. >> roads are blocked in san francisco after a car slammed into a hydrant. we'll show you just how bad the damage got and when we can expect to see the roads reopen. ,, ,,,,,, >>> you
with stephen dinan. our guest is stephen moore with "the wall street journal." then a look back at columbine shootings with david cullen. "washington journal" is live at 7:00 a.m. eastern here on c- span. >> as president obama begins his second term, what are the most important issues to consider in 2013? tell us. >> kagel you are in grade 6-12, make a video about what you would like to say to the president. >> get your chance to win the grand prize of $5,000. the deadline is january 18. for more information, go to studentcam.org. >> today, president obama nominated senior massachusetts senator john kerry for secretary of state. he is a vietnam war veteran and chairman of the senate foreign lakers -- senate foreign relations committee. this is just under 10 minutes. >> good afternoon, everyone. you know, when i took office, our nation was engaged in two wars and al qaida was entrenched in their safe havens. many of our alliances were frayed and america's standing in the world had suffered. over the past four years, we've begun a new era of american leadership. we ended the war in iraq. we pu
's bring stephen moore in. i think you're going to disagree with my notion that government can be all that helpful to our runner. that government can be helpful other than by getting out of the way. i think you're going to suggest lower taxes, lower spending, fewer regulations. for the sake of this argument and analogy, accept that taxes are going up. there are many soifr who is argue that there is not a role for government in this let the markets and private industry handle it. but they haven't, and we've got substandard roads and bridges and electricity and broadband infrastructure. all of this means we're less attractive to business. do you accept that the government has a role to play in the rebuilding of america's infrastructure? >> well, sure. and by the way, i love your optimism, ali, i hope you're exactly right about 2013 and 2014. we've been spending money on the programs. a lot of the school buildings, i mean that's been going on in a large magnitude in the united states. what i like and where we might find some agreement, you know, i do think private-sector dollars can lead
. they are road warriors in a big way. the latest victims the utah jazz. stephen curry scored golden state's first 11 points in the game. he finished with 23 and the warriors got their 11th road win 94-83 against utah in salt lake. that's all they won on the road all of last year. this team is hot. >>> your play of the day keeps us in the nba. we have knicks and suns. one second to go. the score is tied at 97. jason kidd inbounds to j.r. smith who will take an off balance jump shot in the corner. was it good? >> catch and shoot in it goes -- oh, he did it, j.r. smith! j.r. smith wins it at the buzzer! unbelievable! >> it's good. knicks get the win 99-97 and j.r. smith gets our play of the day. >>> take a look at this. another play that could have easily been the play of the day. this is halftime show at the hornets-magic game last night. take a look. this woman performed the midcourt on a unicycle. and watch, she puts the stackable from her foot to her head. >> i think she's a pro. she knows what she's doing. >> that's amazing! >> awesome! impressive. >> that is the play of the day! >> no kidding
, including u.s. ambassador chris stephens, were killed in that attack back on september 11 of this year. the independent report calls security at the benghazi consulate grossly inadequate and criticizes the state department for not better coordinating for what security was there and relying on local militias. but it does recommend no disciplinary action, at least right now. the report says the attack was the work of terrorists, and that despite those initial reports, there was tests outside the consulate before that attack. >> what i thought was interesting was our secretary of state's reaction. because ultimately, she is in charge of the state department. we know she's been suffering from this concussion and many people have said, that was very convenient. >> right, questioning the timing. >> questioning the timing. but she says the accountability review board report provides a clear look at syria's systemic challenges that we've begun to fix and says i accept every one of them. so clearly taking responsibility for the state department and saying listen, we've already begun to fix thes
. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of what i call tax hypocrisy. costco founder going to save because of the dividend payment this year. not next year, this year. the ceo, he is a very big obama supporter. even spoke at the democratic convention. >> a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. that is whh i am here tonight supporting president obama. stuart: supports president obama, supports tax the rich, but does not pay the rich taxes. i say tax hypocrisy and i am being very mild. >> i agree. every time i hear the rich guys say, you know, i want to pay more taxes. i say, you know what, if you want to do that, why don't you donate some money to the country. stuart: he borrows the money -- >> borrowings $3.5 billion. stuart: and then costco was downgraded. >> this kind of payout is done with earnings from a company. money is free right now. stuart: have they no shame, in my persona
-- vietnam war. >> stephanie: speaking of john mccain he -- he was asked what he would teach stephen colbert if the comedian became the next senator from south carolina. he said how to shut up. >> huh? >> really? does he know how? >> mccain knows how to shut up? those who can't do, teach. >> stephanie: sexy liberal tour comedians rule the world. he's ahead. stephen colbert is ahead. he leads the list of potential candidates to replace jim demint in a new public policy polling. >> one thing i learned about working with john mccain when i worked in arizona, do not get between him and a television camera. >> stephanie: jim and i made that mistake once at the last inauguration. >> you will die! >> stephanie: we were trying to get out of his way. he was storming toward imus or something. >> he and lindsey graham are jockeying to be the biggest gadflies. ron paul was taking a powder to get out of the camera way in the house or whatever so these two guys are the two senators. >> stephanie: he's the senator from t
with where we just went. >> i love -- i love stephen a. smith. i'm uncomfortable where you just went. our documentary, "black in america," what it was all about. rg3 doesn't fit into parker's sense of what real blackness is. >> like a stereotype. people advocating against stereotypes, stereotyping themselves their own people. >> it's so -- it's so offensive on so many levels. you lined up three white guys to talk about this thing, this term cornball brother, and i tooked an informal poll, and all my black friends. have you ever heard the term, the answer is unanimously by the way no. it turned robert griffin iii, any sense of individuality, and he wants to be defined by who i am, which is a great afrifricki quarterback. >> he feels like he's dodging the question. are you -- what is the role of race in being this great quarterback? right? and for people of color, it's often a challenge. he wants to say i don't want to be defined by being the black quarterback, but at the same time i want to represent all of the black people who look at me as a great quarterback. mr. parker took some great
tax refunds would be delayed. stephen miller sent a letter to the house and senate. tax writers saying this is going to be unexpectedly higher taxes for many taxpayers who simply aren't aware of their new tax liability. it will be a total and complete mess. 100 million tax refunds delayed, 30 million more people have to pay the amt. >> you've been looking into the business of guns all week. there is just fascinating stuff going on. >> a billion dollars in profit this year. one forecast, a billion dollars in profit this year for this industry. kint ov i can't overstate how big, powerful and profitable it is to make the guns you're looking at on your screen. the traditional bolt action rifles and guns you think as a big part of the industry, the fastest growing part of the market are the sport rifles. there is a coolness and hipness factor in owning the military style rifles. there is huge soaring demand for those. there are more gun shops in america than there are super markets and mcdonald's restaurants locations combined. think of the impact of this part of the -- you don't talk about
of them from saint stephens kindergarten class. thank you, miss murphy. thank you, janice dean. fabulous. on "money" we discuss the some ceos formally spoke out against president obama's policies after the election doing about face and backing him. tastid-light founder, and white castle and fast signs ceo join me on 5:00 eastern on fox business. lori: thompson, thanks. is the stock market pricing in a tumble over the fiscal cliff? losh abet senior economist and market strategist milton miss rought at this breaks it down with tracy and ash. stick around >> gold bars i suppose. >> i would be buying gold bars and real estate. >> under the mattress. >> let it all go. ashley: nothing wrong with those. not at all. >> and on that note --, take it away. ashley: thank you, ladies. as lori just said, drifting along. market up by 11 points. good afternoon, i'm ashley webster. tracy: i'm tracy byrnes. political theater over the fiscal cliff. how a senate battle over the presidential power around the debt ceiling could shape the cliff talks going forward. ashley: apple shares up today, but still down
it. if he hopeful we will get a last minute deal? stephen moore. look, you are here earlier this month and said we will be back here talking with you. >> here we are. ashley: we are getting inklings of some sort of deal being put together. >> i heard for the first time what you just heard. the framework of that deal -- i think that was something that probably could make it through the senate and the house. nancy pelosi will have to deliver anywhere from 50-100 votes from her democratic office. but, of course, let's not forget that gets us around the immediate problem of what they are calling the fiscal cliff. this is just act one. then we deal with the dead ceiling. this was just the idea of an opening bid, if you will. i think it will be good news for the market if a deal like this were enacted. shibani: you are talking about the markets. i want to ask you about their role in getting to this point. we have seen steep declines. multi- hundred point the kleins in some instances, we have not been met in this case. is this part of the reason we are in this position? >> well, yo
in america. stephen moore. stephan, you are the bearer of bad news this morning. how much are our taxes going to get hit in just two weeks? >> well, good morning, guys. merry christmas. you though, this is an unbelievable situation because it's been, what, five or six weeks since the election. abc it's amazing that they are still as far apart today from getting a deal as they were when we first started talking about this. if we do go over the cliff. by the way i agree with peter. i still there is a slim chance at getting something done next week before new year's eve. but if we don't get that deal, we're talking about a very major tax increase. not just on people like warren buffet and bill gates but middle class folks. by my calculations if you look at all the taxes that are going up. if we go over the cliff you are talking about if you are a middle class family earning between 45 and $75,000 your tax bill will go up $2,500 a year. >> we have some of these statistics by category here on the screen. this is modern. from zero dollars to $20,000. you are still going to get hit. 400 bucks, steph
there because the petty -- i mean, picking on stephen king, which i like to do, a congressman from iowa, the other day literally said, you know, i don't understand all this stuff about guns. i had cap pistols growing up. nobody died. >> does anyone realize what these mags meant in terms of those children? i don't want to go there. but the fact is -- >> don't go there? >> we've got to go there. >> you can assume what you can about what actually happened in those moments. what joe califano wrote about what you said on monday, what joe califano wrote about in "the washington post" is that lbj brought them into the room after robert kennedy was killed and said, we have ten days before the nra gets mobilized. we have ten days to accomplish the bill was sitting in the judiciary committee, the gun bans, from the time when john f. kennedy was killed. and now martin luther king jr. had been killed, robert kennedy was killed. he said, you've got ten days to mobilize. you've got to get this done. they did what they could and they came up with a much smaller bill which was signed regretfully by lbj
: you know whom i have another dream. senator stephen colbert. a lot of buzz about him replacing jim demint. i tweeted i wouldn't just block legislation, i would body check it. yes. he's encouraging the speculation about it. nikki will name him. he spoke in support of it on his show. i know when i look at the u.s. senate, you know what? they could use another white guy. ♪ let's hear it for the boy ♪ >> stephanie: how hilarious would that be? ♪ get's live the boy a -- let's give the boy a hand ♪ >> stephanie: speaking of no sense of humor those million moms, they're at it again. >> oh, god really? [ ♪ "world news tonight" ♪ ] >> stephanie: they have said they're moving on from their latest ellen degeneres protest. >> million moms, pretty much -- just one mom -- >> stephanie: i think it is a guy. >> there was a dude in there. just one mom. >> stephanie: it was concern women for america that has a male president. >> in her mom's basement. >> stephanie: the group to complain about ellen degenere
. thank you. >> so, good to have you here. i'm stephen dinan, politics editor at the washington times. i believe what if she said. you can learn a lot about in the national stage from immigration conversations and the latino voter in particular, from what went on in arizona, particularly the counterfactual explosion of the limits of -- test the limits of what we can learn about latino voters and their effect on electoral politics and on policy. so, i guess i'd like to start with just sort of a basic question. if somebody were to ask you what a -- the white voter is, i would have no clue how to actually answer that question. so, let's start with the very tough one, which is what is the latino voter? what is a latino voter, in particular, what is the latino voter in arizona? who is he or she? how much of the electorate, how much of the population, the citizenry, who is that person? >> okay. as many in the audience already know, the latino population in the it's is very diverse. various origin, mexican american primarily, also cubans and puerto ricans. in america the latino population is pr
. the site quits dr. stephen hargarten at the medical college of wisconsin. he says, quote, armed civilians attempting to intervene are actually more likely to increase the bloodshed given that civilian shooters are less likely to hit their targets than police in these circumstances. even police officers aren't expert marksmen in the heat of battle. remember the chaotic scene at the empire state building last august in new york city? new york police officers confronted a gunman. in the process wounded nine innocent bystanders. would my first grade teacher, mrs. van horn, be a better shot? talk back question for you this morning. should teachers be armed? facebook.com/carolcnn. facebook.com/carolcnn. your responses a little later. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the presi
rate. >> stephen bebis of brockstone in newton, massachusetts. happy holidays. thanks so much. >> thanks for having me on the show, carl. thank you. >>> a quick check of the markets before we go to break. dow is up 114. again, five days straight. we haven't done that since the springtime. talk more about it in a second. >>> by the way, up next, four years ago today bernie madoff was arrested for running the biggest ponzi scheme in u.s. history. are we any safer today? we'll talk about it after a quick break. ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a m
times" stephen diner, and also the professor of politics at asu. thank you. take it away. >> hello. good to have you here. i am a politics editor at "the washington times. " i think you can learn a lot about the national stage from the latino voter, from what went on in arizona, particularly the limits, test the limits of what we can learn about latino voters and their effect on the electoral politics and on policy. i guess i would like to start with a basic question. if someone were to ask me, what the white voter is? i would have no clue how to answer that question. what is the latino voter in arizona? how much of the electorate, how much of the population, is to listen rate, who is that person. as many of the audience know, the latino population is very perverse. mexican-american, cupid and porter ricans. the latino population is like in neighboring states, primarily of mexican origin. one thing that is unique is a lot of them are recent arrivals, not necessarily for a-porn, but having migrated from california to new mexico because the drop of jobs opportunity if the past decade or so
would you feel? >> just on the j.f.k. assasination thing. i just read one of stephen king's new books which is about the assasination and a man who has the ability to go back in time and tries to stop the assasination of j.f.k. does that mean we should put a thing on the front and say this didn't happen? at what point is it someone's responsibility to find out whether there is a backing up of that argument. it seems ridiculous when it's about time travel because there is no time travel yet. to a lot of people that would be absurd, where is that line? it's a gray area. >> i think the answer to somebody who will look at -- watch "24" and say see didn't i tell you americans are torture amongers. it goes to the old question of what is the effect, what's the cause and what's the effect of art and on public perception and behavior. would i personally feel responsible? i thought about it and i do think we all bear some responsibility but not complete responsibility. so somebody who doesn't have a critical capacity to turn on a television and realize this is fiction, this is not a representat
parts and do you have to do your homework, we can't do it for you. >> stephen, good to see you. >> thank you. >>> a winter storm is dumping snow, ice and lots of travel problem notice northeast ths in week. >>> and which retailers were the winners this holiday season and which ones did come up short? the opening sbael little less than four minutes away. re a bus. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work
's financial future is stephen joining us from the associated press where he is a reporter. thank you for being here. how many people in america received social security and how much do they get? >> 56 million people get social security and the average benefit is a little over 12,000, a little over $1,200 a month. so maybe 13, $14,000 a year. >> we are talking about retirees come also the disabled. >> there are actually a fairly wide group of people that social security benefits, retired workers, espouses, children, disabled workers, widows it is actually a fairly big social safety net of people who get the social security benefits. >> you mentioned 56 million beneficiaries those retirees receive $1,200 on average. the benefits for disabled, $1,100 on average. also the benefit supplemental security income about $500 a month. how does it get paid for? how does the social security debt-financed? >> it's been a self funded program since its inception and it is funded by the payroll taxes. there's a 12.4% tax on wages up to about $110,000. you make more than that any money you make is it is part of
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